The following is an excerpt from Rachel Butt, Business Insider | June 13, 2016 | Theficaltimes.com |
Dealmaking in the tech industry is back with a bang.
Microsoft is buying LinkedIn for $26.2 billion, while computer-security company Symantec is buying Blue Coat Systems for about $4.65 billion.
Related: Here's Why Microsoft Is Buying LinkedIn for $26.2 Billion
Goldman Sachs' research analysts led by Jessica Binder Graham on Friday updated the basket of companies the bank thinks could get acquired in the next 12 months.
LinkedIn had a two ranking, meaning the research analysts thought it had a 15% to 30% probability of being involved in M&A activity.
Here's a list of those companies in the tech, media and telecoms sectors with a one ranking, meaning a 30% to 50% chance of M&A in the next 12 months.
Market cap: $1.5 billion.
Recent news: The Maynard, Massachusetts-based company went public on May 13. It marked the second tech initial public offering this year, and was seen as a welcoming sign for some investors amid a quiet IPO market.
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